The Cathay Pacific logo on the tails of passenger planes at Hong Kong International Airport. Photo: Bloomberg
Hong Kong’s Cathay Pacific Airways to pay HK$4.93 billion to buy budget carrier HK Express
- Deal will make company the city’s dominant airline group, in control of three of Hong Kong’s four carriers
- But Cathay faces challenge from HK Express chairman Zhong Guosong, who has resisted selling the stake he controls
Topic |
Cathay Pacific
The Cathay Pacific logo on the tails of passenger planes at Hong Kong International Airport. Photo: Bloomberg